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Nov 28, 2012
11/12
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such an important part of our economy and america. it's what drives our economy. if we don't do it in the right way, will make mistakes. when you legislate an atmosphere of crisis, you quite often don't do it very well. you overdo it, go back and redo it. we are experiencing some good times and it seems to me now is the opportunity and a fantastic time and challenge first to develop an overall national energy policy, to pull things together and plan for the future and not wait for another crisis. when you look at the geopolitical impact of energy throughout the world, what's happening in the rest of the world, what's happening with us and how we are all interrelated as we need to take this leadership now. another thing, and looking for ways and areas where in the past we've had bipartisan cooperation. i believe energy has been one of those. we passed energy legislation. byron dorgon was involved in 2005, 2007. we did it in the 80s and 90s and it is always while sometimes difficult and the various viewpoints in sectors that this area, we've are able come together a
such an important part of our economy and america. it's what drives our economy. if we don't do it in the right way, will make mistakes. when you legislate an atmosphere of crisis, you quite often don't do it very well. you overdo it, go back and redo it. we are experiencing some good times and it seems to me now is the opportunity and a fantastic time and challenge first to develop an overall national energy policy, to pull things together and plan for the future and not wait for another...
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Nov 29, 2012
11/12
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in the six quarters before 2003, the economy lost six million jobs. in the quarter after, the economic growth nearly doubled and 2.3 million jobs were added. some tax advocates may assert a willingness to accept lower economic growth in the cause of deficit reduction and that's a legitimate point of view. that we need to have slower economic growth because deficit reduction is so important. but i would also just point out some statistics there. slow growth also means less tax revenue. the white house's own data suggests that even a .26% reduction in economic growth, so .26% reduction in economic growth, which is likely with big tax hikes, would wipe out the entire $800 billion in promised deficit reduction from higher tax rates. growth is so incredibly important to reducing our debt and deficit and getting control of our fiscal situation. so tax rate increases are not only bad economic policy, they tend to be bad budget policy. now, tax reform is needed, and through tax reform, we could have higher revenues, but both theory and practice make a convinc
in the six quarters before 2003, the economy lost six million jobs. in the quarter after, the economic growth nearly doubled and 2.3 million jobs were added. some tax advocates may assert a willingness to accept lower economic growth in the cause of deficit reduction and that's a legitimate point of view. that we need to have slower economic growth because deficit reduction is so important. but i would also just point out some statistics there. slow growth also means less tax revenue. the white...
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Nov 28, 2012
11/12
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, expand the economy, we can solve these problems. people across this country expect us to. the world expects us to. the financial markets expect us to. but it can't be done simply by raising taxes on small businesses which so far is all we've gotten from the administration and from many of the democrats here in congress. we've got to fix the spending problem. we've got to fix the growth problem. we have a solution to do that. we hope our colleagues will work with us to do that. madam president, i yield the floor. a senator: madam president? the presiding officer: the senator from nevada. mr. heller: thank you, madam president. one of the most visible discretions of the strength of our democracy is a moment when incoming president stands on the steps of the capitol, lays his hands on the bible and takes the owing of office. in that moment america undergoes a peaceful transition of power that so many countries can only hope for. or like this year, the president will smoothly resume his duty for another four years. as we anticipate this
, expand the economy, we can solve these problems. people across this country expect us to. the world expects us to. the financial markets expect us to. but it can't be done simply by raising taxes on small businesses which so far is all we've gotten from the administration and from many of the democrats here in congress. we've got to fix the spending problem. we've got to fix the growth problem. we have a solution to do that. we hope our colleagues will work with us to do that. madam...
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Nov 29, 2012
11/12
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this is a small, open a economy. it is a trade dependent economy. more than the united states. individual trade decisions can be controversial. the concept of being part of the global economy is not a challenging concept. the united states is still the core of the world trading system. i am surprised at the level of protectionist discord. >> .. for a roundtable. cnbc did a roundtable in chicago i will share with our guest -- as a question -- ask what the biggest impediment was to economic growth. we have lots of different sectors. i thought i would hear the answer that you hear from business leaders of the time, which is a -- any more transparency, predictability, and more regulatory coherence. i am not sure if you remember. everyone ended up saying all of the things i mentioned are important to business, but people said -- everyone agreed about access to skilled work force. i found that surprising. what are the kinds of things that the private sector and government can do to build the kind of work force our economy will require in the future? >> this is -- i was not surprised
this is a small, open a economy. it is a trade dependent economy. more than the united states. individual trade decisions can be controversial. the concept of being part of the global economy is not a challenging concept. the united states is still the core of the world trading system. i am surprised at the level of protectionist discord. >> .. for a roundtable. cnbc did a roundtable in chicago i will share with our guest -- as a question -- ask what the biggest impediment was to economic...
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Nov 21, 2012
11/12
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economy. but i would say something is. romney only emphasized -- very quickly. we cannot run only on an economic message. we have the full conservatives on social issues, on the national security, and on the economy. spent and aspirational. aspirational a mechanism where you are free to go as far as you want to go and to do what you want to do. and you are right about the hispanic community, especially they are very and trunk -- entrepreneurial. guess what. they start liking free government less. >> unfortunately, we're out of time to want to thank you all for coming today. please join me in thanking our panelists for this terrific presentation. [applause] [inaudible conversations] >> tonight in primetime we get a closer look at the presidential election. we have from president obama's former campaign manager and republican strategist steve smith. that's and university of delaware and starts at 8 p.m. eastern. here on c-span2, author mark friedman talks about how more baby boomers are entering
economy. but i would say something is. romney only emphasized -- very quickly. we cannot run only on an economic message. we have the full conservatives on social issues, on the national security, and on the economy. spent and aspirational. aspirational a mechanism where you are free to go as far as you want to go and to do what you want to do. and you are right about the hispanic community, especially they are very and trunk -- entrepreneurial. guess what. they start liking free government...
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Nov 27, 2012
11/12
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to grow the economy in the near term and in the future. so we all agree that cuts have to be made. the question is: how do you do that? do you cut -- do you make cuts that are smart and that help us grow, or do you make cuts that are indiscriminate, without any kind a strategy behind them? fortunately i think there's agreement here that across-the-board cuts, whether they're defense cuts, which will impact jobs; or whether they're non-defense jobs, which will also impact the economy, that that doesn't make a lot of sense. it doesn't make sense to say, all cuts are equal, therefore, medical research should be cut in the same way that an inefficient program should be cut. that doesn't really make sense and i think most americans understand that. so we've got to get an agreement to avoid those automatic cuts and i think we can. i think democrats and republicans agree that that would be the wrong approach to allow that to happen. i think we can get agreement on that. what we need is a balance. just like when any family has to make a decision a
to grow the economy in the near term and in the future. so we all agree that cuts have to be made. the question is: how do you do that? do you cut -- do you make cuts that are smart and that help us grow, or do you make cuts that are indiscriminate, without any kind a strategy behind them? fortunately i think there's agreement here that across-the-board cuts, whether they're defense cuts, which will impact jobs; or whether they're non-defense jobs, which will also impact the economy, that that...
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Nov 28, 2012
11/12
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so there are many things we would be able to agree on and advance the cause of the carbonizing the economy. >> the diversity of fuel sources as well as efficiency travel parallel to the interest of the environmental policy in my judgment. >> we did, the congress did agree on the standards and the administration has continued to work in the industry to move those numbers up even more so there is a classic example of how we did something. >> i wondered if the recommendations you are making i understand that you are trying to bring together all these agencies across the executive branch whether they are of the legislative branch is a very much partner in this. how do your recommendations bring the congressional leaders and to coordinate with them as well as the executive branch leadership? >> we will recommend that this would be institutionalized or created also legislatively. but i think the congress will benefit from what our council would come up with. congress would benefit from. i guarantee you with the members of the congress particularly the senate we looked at the quadrennial report a
so there are many things we would be able to agree on and advance the cause of the carbonizing the economy. >> the diversity of fuel sources as well as efficiency travel parallel to the interest of the environmental policy in my judgment. >> we did, the congress did agree on the standards and the administration has continued to work in the industry to move those numbers up even more so there is a classic example of how we did something. >> i wondered if the recommendations you...
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Nov 27, 2012
11/12
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but there is just no doubt economies matter. whether it has been leon panetta or bob gates or admiral mullen, the constant focus is on this. it does raise the question. someone made the comment that america's sources of power today, it is the size of the pentagon and those devil is actually had a bigger problem than us. but i would be interested in when you're thinking about policy, do you look at that the source of leverage, or did this restrain american options in terms of what you can do? >> with respect to the deficit and debt of the national security liability, we need our senior leadership and the ability to take it on. we have an opportunity to do so, we have a requirement to do so. the requirement and foundation of national power is ultimately economic in terms of global influence. and in terms of supporting the military. we have, i think, members of the house will step up in the coming months. >> how did you look at your surplus of the united states? do they say that we have america under control because of the treasury
but there is just no doubt economies matter. whether it has been leon panetta or bob gates or admiral mullen, the constant focus is on this. it does raise the question. someone made the comment that america's sources of power today, it is the size of the pentagon and those devil is actually had a bigger problem than us. but i would be interested in when you're thinking about policy, do you look at that the source of leverage, or did this restrain american options in terms of what you can do?...
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Nov 27, 2012
11/12
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would really help stimulate the economy. so we decided to move to a bill that said what we want to do is rehire those firefighters, police officers, and teachers. and we're going to pay for that. no more deficit spending. we'll pay for it by having a surtax on people who make more than $1 million a year. and that surtax is .3%. they stopped it. they stopped it dead in its tracks. every republican voted against that. that is the way that they have legislated this entire year. and by our getting rid of the motion to proceed, that we're turning country upside-down is ridiculous. it's not true. they have legislated with the effort to defeat obama. he won. he won by 2 1/2 million votes, 325 -- 327 electoral votes, overwhelming. even though they did everything they could to stop him from being reelected. everyone knows what a failure this congress has been because of what the senate has done and that's nothing. nothing. no job creation. they didn't want that. it would -- if -- if we had had some ability to create jobs, it would ha
would really help stimulate the economy. so we decided to move to a bill that said what we want to do is rehire those firefighters, police officers, and teachers. and we're going to pay for that. no more deficit spending. we'll pay for it by having a surtax on people who make more than $1 million a year. and that surtax is .3%. they stopped it. they stopped it dead in its tracks. every republican voted against that. that is the way that they have legislated this entire year. and by our getting...
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Nov 28, 2012
11/12
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i think it's a disaster for our economy. i think it's a disaster for our demonstration of our ability to govern, and i think it's a disaster for our standing in the world. we need to show that we can govern ourselves and we can put ourselves on a sound fiscal path with the right combination of growth, frugality and ensuring a safety net to the most vulnerable of our citizens. so i am here to say to my colleagues from both sides of the aisle, both sides of the dome and even the white house, let's get the job done. mr. president, i propose let's really conscientiously work hard to make sure that we have a framework that we could vote on, mr. president, by the weekend of december 16. why do i want december 16 as a deadline? it's saturday. you yourself have tweeted about oh, let's have saturday as small business week. we have had cyber mondays. let's have a strong economy closing of the week before christmas. i can tell you, mr. president -- mr. president, i'm find it -- i really can't -- the presiding officer: the senator will
i think it's a disaster for our economy. i think it's a disaster for our demonstration of our ability to govern, and i think it's a disaster for our standing in the world. we need to show that we can govern ourselves and we can put ourselves on a sound fiscal path with the right combination of growth, frugality and ensuring a safety net to the most vulnerable of our citizens. so i am here to say to my colleagues from both sides of the aisle, both sides of the dome and even the white house,...
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Nov 29, 2012
11/12
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the economy has created jobs over 5 fnt 5 million jobs which our economy is far too week but the electorate said i'm beginning to feel some progress. does that mean i'm satisfied? of course not. but i'm beginning to feel some progress and i think people thought it was a risk to go back and try economic policies that led to the recession in the first place or contributed to it. i think there was a sense like on energy and environment and education that the president had a vision for where america needs to be in this new century where we've got rising competition in china and germany and india and if we're going to have an american century we cannot come in second place to those countries in technology of the future. and i think that played an important role. there was a sense that the obama vision was one that they thought better suited this moment in our country's history. and there is no question on social issues whether it's women's healthcare or immigration. there was asset of issues that for younger voters was important to think about the kind of country and kind of president they wante
the economy has created jobs over 5 fnt 5 million jobs which our economy is far too week but the electorate said i'm beginning to feel some progress. does that mean i'm satisfied? of course not. but i'm beginning to feel some progress and i think people thought it was a risk to go back and try economic policies that led to the recession in the first place or contributed to it. i think there was a sense like on energy and environment and education that the president had a vision for where...
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Nov 29, 2012
11/12
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it has contributed significantly to the economy. the mobile industry supports 3.8 million jobs contributing $195.5 billion to the u.s. gross domestic product and driving $33 billion in productivity improvements in 2011. with all that's gone wrong with our economy over the past several years, it is important that we as policymakers nurture the growth of the economy especially where growth is already happening. and, in fact, is exploding. we need to enact smart pro-growth policies as relates to spectrum. i know that the spectrum issue isn't easy to understand or to manage, but it is crucial that we seek to better manage this scarce resource and about it is possible allocate more of the scarce resource to the private sector where it can create jobs and grow the economy. that is the reasoning and purpose behind my amendment. the federal government controls a vast amount of the available spectrum for its own use. it is probably not all as efficiently managed as it could be. undoubtedly a substantial amount could be made available to crea
it has contributed significantly to the economy. the mobile industry supports 3.8 million jobs contributing $195.5 billion to the u.s. gross domestic product and driving $33 billion in productivity improvements in 2011. with all that's gone wrong with our economy over the past several years, it is important that we as policymakers nurture the growth of the economy especially where growth is already happening. and, in fact, is exploding. we need to enact smart pro-growth policies as relates to...